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81 Designs: A social enterprise that marries art with women’s empowerment
The brand oversees a group of refugee women as they recreate the works of leading Middle Eastern artists in the traditional “tatreez” style of cross-stitching.
- Categories
- Uncategorized
- Region
- North Africa & Near East
- Tags
- gender equality, refugees
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Afghanistan enlists faith-based banks to aid financial inclusion
World Bank data shows that only 15 percent of adults in Afghanistan have a bank account, while 16 percent cite religious reasons for not having one.
- Region
- North Africa & Near East
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After downturn, Islamic finance eyes profits, fintech: survey
Islamic banks and insurers are focusing on profitability and new financial products as the industry shifts away from years of containing the adverse impact of low oil prices, an industry body said on Wednesday.
- Categories
- Finance
- Region
- North Africa & Near East
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Tunisia operators make mobile money interoperable
Tunisia became the latest country to introduce interoperability between rival mobile money services, with the functionality set to be expanded to traditional financial institutions.
- Categories
- Finance
- Region
- North Africa & Near East
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MENA FinTech market to attract $2 billion in deals
The current MENA fintech market is estimated at $2 billion and expected to witness an annual growth of $125 million until 2022, according to MENA Research Partners (MRP).
- Categories
- Finance
- Region
- North Africa & Near East
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Islamic Development Bank looks to expand its support of innovation and entrepreneurship
The Islamic Development Bank annual meetings are underway this week in Tunisia, and one of the themes being discussed is social innovation.
- Categories
- Uncategorized
- Region
- North Africa & Near East
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MENA startup data platform closes $1 million seed funding round
Having released over 20 reports since inception, a core focus of the MAGNiTT platform is education through data-driven analysis for its subscribers. The platform currently hosts 5,500 start-ups, over 12,000 users including over 300 individual investors and more than 150 funding institutions, be VCs or Angel Investors.
- Source
- Press release
- Categories
- Investing
- Region
- North Africa & Near East
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Egyptian Millennial Entrepreneur Builds Sustainable Housing In The Desert
In 2016, the Egyptian housing ministry estimated that a staggering 500,000 new homes need to be built every year for five years to keep pace with the population growth. Despite these efforts, many Egyptians cannot afford these homes. As a result, they live outside urban city centers in informal settlements with poor access to adequate housing, education or healthcare services.
- Categories
- Uncategorized
- Region
- North Africa & Near East
- Tags
- housing, infrastructure
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